Mozambique’s Petromoc to invest in biodiesel production

3 September 2007

Maputo, Mozambique, 3 Sept – Mozambican oil company Empresa Nacional de Petróleos de Moçambique (Petromoc) plans to invest US$20 million for the production of biodiesel in the country, the company chairman, Manuel Viola said in Maputo Thursday.

Speaking to Mozambican newspaper Notícias, Viola said that the company also planned to set up a biodiesel processing unit this year, in Zambezia province, which is hoped to be used as an alternative to fossil fuels, which are becoming increasingly costly to import.

During a visit by Prime Minister Luis Diogo to the Petromoc pavilion at the International Maputo Fair (FACIM-2007), Viola said that after the recent inauguration of the biodiesel production unit in Matola, on the outskirts of Maputo, with a capacity of 80 tons per day, the company planned to continue focusing on the sector.

The idea is to make use of the oil crops currently being grown in the country for biodiesel production, although within two years it could be Petromoc that grow its own raw materials to supply the biodiesel industry.

“We are trying, as soon as possible, to set up a unit in Zambezia to make the most of the oil crops there,” said Viola, without giving details of investment amounts or industry capacity. (macauhub)